Theoharis: Investments in Greece have increased by 40%

Greece is still lagging behind in real estate investment. The current financial situation of the country, including the level of public debt, tax burden, and issues of digitalization, was discussed with Charis Theocharis, the Deputy Minister of Finance. One journalist asked the minister about the reasons for Greece's lag in the investment climate compared to the European Union. The Deputy Minister pointed to the problem of a prolonged economic crisis, which has limited entrepreneurial opportunities and caused financial difficulties for the population. He also noted that negative perceptions of the market are holding back foreign capital. Nevertheless, the country has recently seen a 40% increase in investments, surpassing European figures. However, despite the increase in revenues in other sectors, the real estate sector continues to face challenges, leading to rising prices and interest rates due to a lack of investment in housing.

It should also be noted the situation with the digitization of taxes and road fees. In response to a question about the digitization process, Mr.

The importance of timely submission of tax returns was also emphasized by Mr. Teoharis. He noted that the government is obliged to adhere to established deadlines and fulfill its commitments. In light of the updates in the tax return submission systems, the Deputy Minister highlighted that trust and adherence to deadlines play a key role in the country's tax policy. This should serve as the foundation for building mutually beneficial relationships between the government and citizens, ensuring stability and predictability in tax operations.